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Wholesale Used Vehicle Prices Slightly Up In April
The Iranian conflict and rising gas prices inject much uncertainty into the future wholesale used vehicle markets, as higher gas prices soak up spendable income from vehicle buyers.
Read More →The Iranian conflict and rising gas prices inject much uncertainty into the future wholesale used vehicle markets, as higher gas prices soak up spendable income from vehicle buyers.
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A concern is emerging about the future softening of full-size pickup resale values, based on a potential supply-and-demand imbalance in the segment that may parallel the soft full-size SUV resale market.
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Resale values for two- and three-year old vehicles sold in the wholesale market in the fourth quarter 2002 were lower than the same period in 2001 when used-vehicle values hit rock bottom following the attacks of Sept. 11.
Read More →Supply and demand plays a significant role in year-over-year value retention, says Kelley Blue Book.
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Currently, we are in the midst of the traditional, seasonal downturn in the used-vehicle market, which has caused resale values to plummet. This is normal and it happens every winter, sometimes a little sooner, sometimes a little later.
Read More →Ford spelled out the details of its fleet leasing assistance program for 1964.
Read More →Ford is offering leasing companies a unique sliding-scale depreciation program for 1964, Automotive Fleet has learned.
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